TER 10.8% 20.5¢ terracom limited

TER Chart, page-46

  1. 1,106 Posts.
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    So back of the napkin - 800m shares - for a 5c divident they need 82m EBIT? 59m NPAT, $40m for a 66% payout.

    So replicating last financial year its 21.25%, except the price of coal is significantly higher and looks to be staying higher with them having coal to sell at spot price from October....

    I assume the market is seeing risk in the price of coal long term making some of these mines unprofitable?
 
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